潘森宏观：欧洲央行不太可能因为三季度增长低迷而降息

Core Insights - Despite a gloomy economic outlook, the European Central Bank (ECB) is unlikely to lower interest rates in the coming months [1] - The estimated GDP growth for the Eurozone in Q3 is approximately 0.1%, which is more optimistic than the ECB's own forecast of flat GDP for the quarter [1] - The ECB may view the current economic weakness as temporary, primarily driven by a significant decline in manufacturing output [1] - A substantial improvement in GDP data is required to increase the likelihood of the ECB lowering interest rates in December or early next year [1]